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Europe sees two-speed IPO recovery as smaller deals lag

Analysis-Europe Sees Two-Speed IPO Recovery as Smaller Deals Lag

Analysis-Europe sees two-speed IPO recovery as smaller deals lag

Leading Artists Donate Works for The Arts Foundation UK Charity Auction

Tracey Emin, Peter Doig, Antony Gormley, Jeremy Deller, Rose Wylie, and Ali Smith among Leading Artists Donating to The Arts Foundation

Global IPO market plunges 70 percent

Initial public offerings (IPOs) have plummeted globally in the first quarter of this year after a record showing last year, as volatility stoked by the war in Ukraine and soaring inflation set investors on edge and inhibited deals. About US$65 billion has been raised via IPO around the world so far this year, down 70 percent from US$219 billion in the first three months of last year, data compiled by Bloomberg showed. That puts the global market on track for the lowest quarterly proceeds since the onset of the COVID-19 pandemic in 2020. Still, companies such as renewable energy provider Eni Plenitude